No one goes into the market thinking they should buy at the high and sell at the low. The problem is that in the moment, when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside.
You want to be on the right side of those emotional reactions and not the wrong.
#EOSBTC: I'm long term bearish until we pass R1 (line green). I expect that BTC will rip higher and take those ALT pairs down.
If it is, we can make a new 1-5 corrective wave?